The AUD/NZD caught a late-Monday bump to 1.0680, but quickly fell back into familiar territory. The Aussie is slightly down for Monday against the Kiwi, settling near 1.0650 after opening the trading week near 1.0665. Next up on the calendar: Aussie Westpac Consumer Confidence. up was short-lived, however, and the pair is now flubbing back below 1,0650. The Aussie has steadily bled chart space to the Kiwi since September's peak near 1.0900, and the AUD/NZD is down almost 2.
Thursday brings mid-tier data for both the Aussie and the Kiwi, with Australian Consumer Inflation Expectations for October , followed by the New Zealand Business NZ Purchasing Manager Index for September, which last came in at 46.1. AUD/NZD Technical Outlook The AUD/NZD has fallen back into five-month lows below 1.0650 as the Aussie-Kiwi pairing slumps far away from the 200-day Simple Moving Average, all the way back at 1.0820.